Forgivable Home Grants in Itasca Illinois

Home Buyer Grants in Itasca Illinois

Do you meet the general criteria for a home loan but lack the down payment? Because this happens far too often Smart Mortgage Centers has created forgivable grant programs in Itasca, IL that provide down payment and closing cost assistance for borrowers who would otherwise qualify for a mortgage.

Smart Mortgage Centers offers Homebuyer Grants.  To qualify the mortgage will be completed by Smart Mortgage Centers.  Grant programs in Itasca are not limited to First Time Homebuyers.

 

  •  580 Credit Score Required
  •  Grant is completely forgiven – no repayment required!
  •  Grant can be used for down payment and/or closing costs
  •  Seller Credit of 6% is allowed
  •  Gift funds are allowed!
  •  Borrower(s) not required to be First Time Homebuyers.
  •  Income limit is based on qualifying income used for transaction, not household income.

Itasca is a word coined by Henry Schoolcraft as a name for Lake Itasca, the source of the Mississippi River. Schoolcraft coined the name from a combination of the Latin words veritas (“truth”) and caput (“head”).[1][2] The following places and ships have been named after the Mississippi Headwaters: